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I got heavy into day trading a few years back where it almost became a total obsession. I couldn't stop to get up to go and take a piss during the day thinking I might miss a good trade.
The rush you get is unreal. Almost to the point of scary as to the effect it as on you. I'd go to bed and couldn't wait to wake up in the wee hours of the morning and get on all the daytrading boards looking for action leads for that day.
Did well once I disciplined my self like in the above posts where you have to take your quick losses just like you take your quick gains. Staying in on a stock hoping it's going to bounce back is what kills you. Just set your + and - directions and don't deviate from them.
Watch the boards like a hawk. You can pickup great realtime info on things coming out that will make a stock move. Be sure to sort the bullshit posters from the guys who have real good info on a company.
Realize though most guys lose at day trading. I don't recommend it to anyone unless you have a significant capital base already and this is total 100% risk capital. DO NOT USE YOUR SAVINGS thinking you're going to double it in a day. You won't. You should have about $100,000 in fun money to do it right and with some degree of safety. But again, the odds are against you unless you are well disciplined, a total research hound, can committ the time, and have good gut feelings on things combined with analytical timing skills.
Invest in all the right software and online services and pay to join the the private message boards where all the players are.
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